BC Political Discussion: Election 2020 and Beyond

[chowhou]

Originally Posted by whatnext

Purpose built rental apartments. They’re not snapping up individual units in a condominium.

I'm not really sure how you can square "condos should be homes not investments" with "invest in REITs which hold rental apartments", personally.

[logan5]

So David Eby is promising sweeping land use policy reform if and when he is Premiere. One of his promises is this...

As a new default for what can be built, his leadership campaign platform promises to allow single-family residential zoning to be replaced with up to three units on the same footprint within major urban centres. This form will be allowed as long as the structures are consistent with existing building setbacks and height requirements stipulated by the municipal government.

https://dailyhive.com/vancouver/david-eby-housing-supply-municipal-zoning-bc-ndp?auto=true

Does anybody have any insight on how this is different from what we have now? Because you can already build 3 units on a lot, so is he saying 3 separate ownership units, and is the FSR higher under his plan so that you have 3 family sized units instead of the usual 1 main unit and 2 small secondary suites.

[Changing City]

Originally Posted by logan5

So David Eby is promising sweeping land use policy reform if and when he is Premier. One of his promises is ... up to three units on the same footprint within major urban centres.

Does anybody have any insight on how this is different from what we have now? Because you can already build 3 units on a lot, so is he saying 3 separate ownership units, and is the FSR higher under his plan so that you have 3 family sized units instead of the usual 1 main unit and 2 small secondary suites.

It's not clear what he means, but most municipalities, even in major urban centres, don't allow 3 units per lot. Vancouver does (where there's a lane), but laneway homes are not currently permitted in Burnaby, for example.

[WarrenC12]

Originally Posted by whatnext

Fine, your opinion, but it should be up to the strata's owners if they want to make that trade-off. They should be homes not investments, that's one of the reasons prices have been driven up. You want to invest in housing - then buy into a REIT.

Then they shouldn't be exempt from the empty homes tax. It's a loophole right now.

[WarrenC12]

Originally Posted by chowhou

I'm not really sure how you can square "condos should be homes not investments" with "invest in REITs which hold rental apartments", personally.

He's a west side NIMBY. Their views don't often align logically.

[whatnext]

Originally Posted by WarrenC12

He's a west side NIMBY. Their views don't often align logically.

While I didn't expect anything more intelligent from Chowhound, I did from you. REITs help insure that purpose built rental buildings get constructed. Purpose built rental is far better than some penny-ante land baron renting his condo. They have a longer term view and are in the business of renting apartments, not doing it off the side of their crypto kingdom.

[WarrenC12]

Originally Posted by whatnext

While I didn't expect anything more intelligent from Chowhound, I did from you. REITs help insure that purpose built rental buildings get constructed. Purpose built rental is far better than some penny-ante land baron renting his condo. They have a longer term view and are in the business of renting apartments, not doing it off the side of their crypto kingdom.

All hail benevolent corporations!

[djmk]

Originally Posted by whatnext

Purpose built rental apartments. They’re not snapping up individual units in a condominium.

REITs definitely hold single family homes in the US (including the Canadian company Tricon). I suspect there are companies that also do so in Canada

[chowhou]

Never would I have thought anyone would come out with the take "it's good for large investment corporations to hold real estate because their investment stimulates housing development but but but individuals shouldn't be allowed to do the same thing because they're completely different and somehow worse!"

IMO there's merits to housing commodification and housing de-commodification but to somehow be a housing commodification NIMBY (it's okay elsewhere by investment funds, but sure as hell not in my strata!) is a weirdo take.

[djmk]

Originally Posted by chowhou

is a weirdo take.

welcome to the internet?

[whatnext]

Originally Posted by djmk

REITs definitely hold single family homes in the US (including the Canadian company Tricon). I suspect there are companies that also do so in Canada

They're still not coming for your granny's condo.

[Sheba]

British Columbia could have six new ridings in the next provincial election

British Columbia could have six new ridings when voters go to the polls in the next provincial election.

The non-partisan Electoral Boundaries Commission released its recommendations Monday for new and re-drawn electoral districts, based on the results of the 2021 census and consultations across the province.

“British Columbia is a growing province,” commission chair and B.C. Supreme Court Justice Nitya Iyer said

“The population has increased by more than 300,000 people over the last five years. Our recommendation to increase the number of electoral districts in B.C. reflects that growth.”

Commissioners held 50 public meetings in 43 B.C. communities and received 1,300 written submissions in crafting the recommendations.

The commission is recommending the creation of new ridings in Langford, Burnaby, Langley, Surrey, Vancouver and Kelowna. That would raise the number of ridings in B.C. to 93, and the number of seats needed to form a majority government to 47.

...

[chowhou]

Originally Posted by Sheba

British Columbia could have six new ridings in the next provincial election

It's only right, but an additional riding in Vancouver, Burnaby, Surrey, Langford, and (maybe) Langley shifts a lot of power towards the NDP and away from an already weak BC Liberal Party (BC United FC). The first 4 will probably all be safe NDP seats. I wonder if we'll see the red party shift leftwards to try to keep up with the orange party. I feel like they have to.

[Migrant_Coconut]

I'm wondering how this works out for the Greens - with Horgan retiring and the NDP in majority, Furstenau might be able to sweep more of the Island.

[madog222]

The proposed new district boundaries here, you can overlay the current boundaries.
https://bcebc.ca/2022-proposed-electoral-division-names-populations-and-deviations/?step=map-all

[Migrant_Coconut]

Originally Posted by madog222

The proposed new district boundaries here, you can overlay the current boundaries.
https://bcebc.ca/2022-proposed-electoral-division-names-populations-and-deviations/?step=map-all

Okay, I must be blind, because I'm not seeing any new seats in the GVRD - they're just shifting boundaries around.

[madog222]

Originally Posted by Migrant_Coconut

Okay, I must be blind, because I'm not seeing any new seats in the GVRD - they're just shifting boundaries around.

Originally Posted by madog222

https://bcebc.ca/2022-proposed-electoral-division-names-populations-and-deviations/?step=map-all

New Metro Vancouver districts, put simply.

Vancouver-False Creek and Vancouver-Fairview become three districts; Vancouver-Yaletown, Vancouver-Little Mountain, and Vancouver-South Granville.

New Westminster splits in two with the new districts taking some neighbourhoods from Burnaby and Coquitlam; forming Burnaby-New Westminster and New Westminster-Maillardville.

Surrey-Coverdale splits into Surrey-East and Surrey-Central.

Langley-East splits into Langley-Willoughby and Langley-Aldergrove

[chowhou]

Some of the proposed changes feel a little "Ah 🞵🞵🞵🞵 it this is good enough". New Westminster being mashed together with Maillardville especially feels like an afterthought.

[Migrant_Coconut]

Originally Posted by chowhou

Some of the proposed changes feel a little "Ah 🞵🞵🞵🞵 it this is good enough". New Westminster being mashed together with Maillardville especially feels like an afterthought.

They're united by a common Amazon centre?

[madog222]

Originally Posted by chowhou

Some of the proposed changes feel a little "Ah 🞵🞵🞵🞵 it this is good enough". New Westminster being mashed together with Maillardville especially feels like an afterthought.

Maybe we’ll finally get a new Brunette interchange.